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Guide price

£96,250

2 bed flat for sale Bayard Plaza, Broadway, Peterborough PE1

2 beds
2 baths
1 reception

Property location

  • Bishop Creighton Academy0.3 miles
  • The Beeches Primary School0.3 miles
  • Peterborough0.4 miles
  • Whittlesea5.5 miles

Features and description

  • Leasehold
  • 2 bed apartment in an exclusive gated development
  • Open plan kitchen/living/diner
  • Full-fibre broadband with speeds up to 900Mbps
  • Some images are CGI's
  • Luxury en-suite to principal bedroom & separate bathroom
  • Toshiba air-conditioning and heating available on request
  • Gated underground car parking with 1 allocated space
  • 10 year Buildzone Warranty
All prices are quotes for a 50% shared ownership. Properties can be purchased with a share of up to 75%. Minimum deposit & household income is based on a 5% deposit of the 50%, T&c's apply*

Location

*Stamp duty paid when you reserve before the end of July, T&c's apply.*

Located at the heart of this bustling city centre, Bayard Plaza is an ideal location for a new home.

Peterborough is the UK's first Gigabit City, and is considered to be one of the top 5 Tech Hubs in the UK with its city-wide, full-fibre Gigabit network offering ultrafast connectivity.

A £12 million investment has transformed Cathedral Square at the heart of the city into a vibrant restaurant quarter with several more multi-million pound regeneration plans already in the pipeline.

The city centre continues to attract well known restaurants and retailers including Pret A Manger, Bill's, Cote Brasserie, Five Guys, Prezzo, Pizza Express, Tk Maxx, Topshop, H&M, River Island, SuperDry, Fat Face and much more.

Peterborough is a commuter haven with the central railway station offering fast and direct routes to London.

Description

Plot 71 - A stylish third floor 2 bedroom apartment boasting 648 Sq Ft of internal living accommodation. Comprises an open plan kitchen/living/dining area, principal bedroom with en-suite, second bedroom and a family bathroom

*Please note: Some images are CGI's and of the Show Home - used for illustrative purposes only.*

What is Home Reach, part buy - part rent?
Home Reach is about making home ownership accessible. With Home Reach, you buy a share of your chosen home and pay a low monthly rent on the part you don't buy. You get to choose whether you buy a bigger share of a cheaper home or a smaller share of a more expensive home.
You can initially purchase up to 75% of your chosen home and heylo will become your landlord, granting you a 125-year lease. This means you will be able to live in your home as if you've bought it outright. You can buy more of your home in the future and stop paying rent on that part.

Financial Breakdown:
Full market value: £192,500
50% share value from: £96,250
5% deposit from : £4,812.5
Rent charged on un-owned share: 2. 75%
Rent on un-owned share (50%) £220.57 pcm
Home Reach lease length 125 years
Estimated annual service charge: £972

You are eligible to purchase a Bayard Plaza apartment via Home Reach Property if:
• Your household income does not exceed £80,000
• You have a deposit (at least 5% of the share value)
• The property will be your principle home
• You pass a financial affordability assessment

*To check eligibility please contact an independent financial advisor.*

Bayard Plaza offers a modern collection of one and two bedroom apartments and duplex penthouses which have the benefit of balconies and views across the city.

The homes are built to the highest of standards by The Brightfield Group with secure and gated underground parking and automated entry system into the development.

A busy lifestyle can often mean it is hard to spare the time for the little things in life like taking deliveries. Bayard Plaza provides the answer to this with the security and convenience of a concierge service.

For those with a little more time to unwind, the well-equipped residents' gym provides plenty of opportunity to exercise, tone and focus on overall wellbeing.

If you're not feeling in the mood for exercise and want to take it easy, you can also enjoy the screening room which seats up to 12 people at a time.

Being within the heart of Peterborough city centre you are always only a minutes walk away from a coffee shop, many restaurants and high street shops with the newly upgraded Queensgate shopping centre.

Square Footage: 648 sq ft

Leasehold with approximately 999 years remaining

1 floor plan available

View the floor plan to understand the space and layout of this property.

2 virtual tours available

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Property descriptions and related information displayed on this page are marketing materials provided by - Savills - Cambridge RDS. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Savills - Cambridge RDS for full details and further information.